1906/27 Cordelia Street, South Brisbane QLD 4101

South Brisbane flat | 2016 build | Flood overlay | BSHS catchment | Listed for sale This unit presents a competitively priced, modern entry into the high-demand Brisbane State High School catchment, a persistent driver of tenant and buyer demand. Its 2016 construction suggests lower maintenance costs relative to older stock, and the estimated rental yield aligns with solid investment fundamentals. This property primarily serves an investor or owner-occupier prioritizing school access over premium views or luxury finishes, given the data limitations on interior condition and aspect. The definitive commercial risk is the flood overlay, which necessitates immediate due diligence on insurance costs and potential future resale impacts. The absence of recent comparable sales data obscures precise valuation, demanding a conservative bid strategy. Proceed only with a building and pest inspection to validate condition, and secure a formal flood report to quantify the financial exposure. This unit is a hold for the long-term school catchment premium, not a short-term trade.